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us also, artist chuck close, jeff koons and john currin. >> i would think andy's cultural influences are also part of my cultural influences. think that i've always been in awe of his existentialism. of -- just this going from desharp of indifference to acceptance where it's so outward and at the same time we're dealing with the self. and the power of that existentialism. >> he kicked open the door-- along with alex katz and a couple of other people-- for an intelligent, forward-looking, modern portrait. most people who were working with imagery were trying to breathe new life into 19th century issues. and he came along and said "we're going to make this of an entirely different order." >> with someone of the statue of warhol, there's also a kind of oedipal path where even if you move away from him you will end up meeting him and sort of finding that you do live in his world. >> rose: also this evening, a rebroad cast of our conversation with damian hirst. >> i think without andy warhol i wouldn't have gone so gung-ho. but people say "oh, my god, you've got factory." and you think f
: andy warhol, jeff koons chuck close, john currin and damien hirst when we continue. captioning sponsored by rose communications from our studios in new york city, this is charlie rose. >> rose: andy warhol is considered by many to be the most important artist of the 21st century, though critics and artist debate the meaning of his work, few question his impact on contemporary art. this is the subject of of the metropolitan musician exhibition called "regarding warhol: 60 artists, 50 years." it showcases 45 works by warhol alongside 1200 works by 60 other artists influenced by him. joining me are two curators, mark rosenthal and marla prather. also are three of the artists featured in the show: jeff koons john currin and my good friend chuck close. i'm pleased to have all of them here at this table. let me start with you, mark. somebody once said to me great books begin with a question. do great exhibitions begin with a question? >> well, that's what i hope. the question here is, is andy warhol the most impactful artist? >> rose: impactful rather than important? >> i prefer that
-year-old cape cod. >> reporter: jeff davis road out >> reporter: pretty lucky for a 45, 50-year-old cape cod. >> reporter: jeff davis road out sandy in his home on new jersey's long beach island. your house is in pretty good shape. you fared well. >> we were lucky, we were lucky. >> reporter: his house was saved by this wall of sand, part of a $16.8 million army corps of engineers project completed six months before sandy. >> they basically brought the waves to a stand still at this point. >> reporter: stew farrell is a coastal geologist who's examining how sand barriers stop rising water pushed ashore by the storm. >> in places where the projects had not been constructed, the damage was extensive and in some cases catastrophic. >> reporter: since 1986, the federal government helped new jersey pay $700 million to build sand walls as high as 22 feet. but some critics, including steve ellis of taxpayers for common sense, call it a beach bailout. >> what we need do is actually reorient the funding so that the majority of the cost is picked up by the localities rather than the feder
about that on talking numbers. it's carter worth and jeff tomasulo. gentlemen, good to see you and hear you i hope as well. carter, what do you think? you still with b of a? do you like hp as a darling for next year? what do you think? >> no. stick with b of a. if these are stable companies and if you can get one at its business trough low, you profit off its low. but that's only in effect if a business isn't being made obsolete. that's the issue with something like a hewlett-packard. it's not just catching a cord and twine company at its low which then becomes the new winner the following year. or the financial in the case of b of a last year. we would not step in and apply the dog of the dow theory here and apply it. >> but jeff, you don't like b of a do you? >> no. and i'm going to agree with carter. stay away from hpq. b of a is up 108%. now, the smart money is going to rotate out of bank of america and look to go into the stronger fundamental stocks in that sector like a jpmorgan. right now bank of america is trading at 12 times, jpmorgan at 8 times future earnings. wait. jpmorgan
. president, i rise today to honor my friend, illinois state senator jeff shoalberg on his more than two decades of service in the illinois state assembly. he was elected to the statehouse at the age of 30 was elected to the illinois senate in 2003 where he rows to the acres of serve being as assistant majority leader. more importantly, jeff schoenberg has been a dedicated public servant to his constituents in evanston and to the people of illinois. jeff sponsored a bill that would provide better access to quality health care and give consumers the opportunity to make better choices for their health. he also secured more than $5 billion in federal funds for safety net hospitals like mt. sinai, mercy and holy cross. jeff schoenberg supported the illinois safe zones act which paved the way for stem cell research and insisted on greater accountability and oversight at the illinois state toll highway thomplet a father of two, he was critical to the passage of a measure to allow schools to keep and administer epinephrine following the death of a 13-year-old girl who had an allergic reaction t
controversial again. we are in a situation, jeff goldberg, where someone's name is put out there. it's floated, and surrounding opposition piles on. can the president -- can this president afford to bail on a second person the way some perceive he bailed on susan rice before the nomination is even made? >> i don't know what you call the endless float. these people are put out there. their names are floated, and then they're floated endlessly, and it gives time for all of this opposition to arise and formulate, but, no, i mean, the short answer is obviously he bailed on susan rice who was his close confidant and friend. he apparently wants chuck hagel in this job very much. it would look very weak to be put it bluntly -- it would look weak to bail on this because of some coalessing opposition. >> and one thing has been cleaned up in the last few minutes, in fact. there was also opposition developing from the lgbt community because susan, of what chuck hagel had said 14 years ago in opposition to the nomination of james hormel, openly gay, as an ambassador to luxembourg. it would have been the f
ground but jeff hyping. the -- overhyping. the more they make the threat real the more leverage administration will have. >> at next week syria conference the pentagon realizes it may be asked to fill the vacuum after assad goes and is worried that the newly chosen opposition military command structure is filled with commanders tied to the muslim brotherhood. john? >> john: jennifer griffin at the pentagon tonight. thanks so much. fox news just learned by the way secretary of state hillary clinton will be testifying before the house foreign affairs committee on benghazi. that likely will happen before the end of the president's current term. >>> snow may be slowing north korea preparation for another rocket launch. south korean report that the north mounted all three stages of the vehicle may not have been accurate. satellite images indicate that the north could still be ready by monday. for what it says is the launch of a satellite. the west says it's not a satellite at all. just cover for testing missile technology. still ahead, remembering the glory days of america's manned s
. not only did 2012 help but i think 2013 will be even better for them. >> i'm wondering, jeff, a lot of the headwinds that bill just mentioned, the regulatory environment and very low interest rates which squeezes their margins, are any of these things going to clear up and go away in 2013? >> well, i think one of the reasons that you are seeing the big banks doing well coming into year end isn't so much that those things are lessening but they are better equipped to handle it. right now with the regulatory and the net interest margin pressures, scale and efficiency is more important than ever and the money center banks have it. it's a matter of whether they can deliver it. they have the scale and starting to see them deliver the efficiency so cost management is a big thing that helps them. also they have businesses away from the traditional banking, net interest lending, and capital markets, could see some pretty strong numbers next year and the money center banks, they are shrinking their liability footprintson so on a funding cost side they have a lot of advantages that a lot of o
. despite everybody's predictions. >> jeff, why do you think that is? investors are pricing in a deal it would seem based on the market we have seen the last several days, which is strong, if we don't get a deal, does that mean we have a big sell-off coming? >> you're right, michelle, we do. i think the key take way is yesterday when obama said we are only a hundred or 200 billion away bp. but boehner, and he said this a lot of times, balance. he want an eye for an eye. dollar per spending or revenue cut. right now the market is hanging in there. you see an uptick in the s&p michelle. >> yeah. we will keep watching it all. sticking around, let's go to bertha coombs standing by. >> closing lower for a third day, michelle, and today really seeing selling prices. we have low volumes going into the holiday. gold on track, actually. for its worst gain in 12 years. still up for a year but take a look at silver. that is what one trigger is telling me. these days it looks like this move is more about allocation, people moving out of metals and silver more after beta play is really taking up m
ruled that lynn could legally take aris back to scotland despite her father's objection. jeff is a u.s. army sergeant that served in afghanistan. he says aris shouldn't be with her mother because lynn has a drinking problem. >> personally i don't think that somebody with an issue, an alcohol issue like that, can take care of a child. you know, definitely on their own. >> reporter: as evidenced jeff points to this 2010 police video where lynn was charged with disorderly conduct. but lynn says it was an isolated incident after a night out. >> i had too much to drink, and i apologized to the court, you know, when i was taken to court. that's no reflection on me as a mother. i wasn't drunk in charge of my child. >> reporter: it's a classic he-said-she-said. >> i believe he set me up. >> reporter: lynn accuses jeff of unwanted controlling behavior, including a plot to get her deported. >> he called the police on me on the 24th of december, christmas eve, and i was removed from the house. i was taken to jail. >> reporter: something jeff denies. >> how could i get her deported? how is that
to squawk on the street, joined by jeff sprerk, ceo of intercontinental exchange and duncan niederauer, ceo of the new york stock exchange. a cash and stock deal worth roughly $33, a bit more now, per new york stock exchange shares, given ice shares are actually up. gentlemen, nice to have you here on the floor. duncan, let me start with you. >> sure. >> my understanding is mr. sprecher approached you a number of months ago, conversations began. when he approach ready you at the time, give pun the previous history where you have been part of the potential hostile for the new york exchange, why did you say, all right, i will talk to this guy and what were you thinking when the approach was made? >> a lot of questions in there first of all, we have known each other for a long time. we like each other and i think our attitude is business first, right? so it was business last year. i understood why jeff was doing what was doing. he understood what we were trying to do we have been friends, we stayed friends and if we put our shareholder value creation hats on, this was an easy discussion to hav
ahead. >>> lots to talk about this morning. the next two hours, we'll talk with steve israel. jeff sessions, sandy levin, rahm emanuel and businessman javier paolomarez, ed burns, frankie monday easy, and chuck leavell. "starting point" begins right now. welcome, everybody. "starting point" this morning, angry, united. bracing for protests in michigan as the state is poised to become the most unionized right to work state. as many as 10,000 unionized workers expected at the state capitol to voice their disapproval of the measure. some of them teachers, two detroit area school districts shut down for the day as hundreds of teachers plan to join the protest. president obama brought it up during a trip to a daimler truck factory in redford, michigan. this is what he said. >> this so-called right to work law, they don't have to do with economics, everything to do with politics. what they are really talking about is giving you the right to work for less money. >> alison kosik. >> what's the latest on the protests? >> protestsers starting to gather behind me. signs in hand, even the infl
in this economy on the vital few, the jeff bezoses, steve jobs, fred smiths of fedex. those are top earners people willing to take a risk on a new idea and on a new company that improves our lives and employs this. why would republicans vote for something that takes aim at the most productive? it would not be good for the economy. again it would be a very large tags increase precisely because the top earners pay vast majority of federal revenues. ashley: talking about the voters, people of this country, there is some interesting messages. we have president obama reelected. but then republicans hang onto the house. what kind of message does that send to the law makers? >> i think that sends a very clear message that the voters basically said we want divided government. we'll let president obama have a second term but we want the republicans who control the house and that's where tax, tax legislation originates, to basically hold the line on taxes. so i feel like the elector rate made it clear that republicans you're job to protect us from economy-strangling tags increases. this is very quick path f
management shake-ups of the year. jeff sonnenfeld will join us with the fiscal corporation movement of the year. nespresso. where i never have to compromise on anything. ♪ where just one touch creates the perfect coffee. where every cappuccino and latte is only made with fresh milk. and where the staff is exceptionally friendly. ♪ nespresso. what else? and his new boss told him two things -- cook what you love, and save your money. joe doesn't know it yet, but he'll work his way up from busser to waiter to chef before opening a restaurant specializing in fish and game from the great northwest. he'll start investing early, he'll find some good people to help guide him, and he'll set money aside from his first day of work to his last, which isn't rocket science. it's just common sense. from td ameritrade. it's just common sense. sfx- "sounds of african drum and flute" look who's back. again? it's embarrassing it's embarrassing! we can see you carl. we can totally see you. come on you're better than this...all that prowling around. yeah, you're the king of the jungle. have you thou
to find out. ♪ are you ready for a new sensation ♪ >> back in march we visited with jeff and steven. they were considering shutting down their wedding dress business called fancy new york. sales were disappointing. our makeover team had a lot of suggestions. one of the biggest, a name change. the company's now called fancy bridle and things are picking up with the guidance of the business experts. the brothers moved their production from overseas. the dresses are now made at a competitive cost right down the street from their showroom in new york's garment industry. steven who was living abroad moved back to new york so they could work on the business together. they also took our social media advice and have embraced pinterest. introducing their tea-length dresses to a whole new audience. they just shipped their major shipment to major up-scale retail jeer in june we went to massachusetts where their contracting kpaerngs synergy total home was bleeding money. we worked with them on their name changing it to howehowell & howell & dunworth remodels and overhauled their website. unfort
>> that's jeff singing "hallelujah." alan light, the book explores the unlikely journey from obscurity to modern day hymn. it's great to have you on the sh show. >> thanks for having me. >> first of all, tell us how that happened. >> it happened over a long period of time. leonard cohen first reported "hallelujah" in 1984. his label turned down the album it was on. it came out to no notice at all. and over the course of 10, 15, 20 years, more people discovered this song. jeff buckley recorded it in 1994. after jeff buckley's death it got more notice and then people started to pick up on the magic of this song, put it in soundtracks, on tv shows. more and more people recorded it. >> it's everywhere. >> wainwright is nothing short of extraordinary. >> it was on the soundtrack to "shrek" one of the key moments in getting this out there. there are now 350-some recordings of this song and thousands more performances by bob dylan and u2 and, you know, everybody all around the world knows this song. >> but it almost didn't happen. it languished in obscurity. >> first when leonard was writing
woke up with excruciating pain, couldn't. see i'm thinking, jeff zucker has just taken over cnn. i haven't even meant with the guy. i'm going to be blind. how am i going to adapt? like, 1:00 a.m., you know, like, you know, your mind starts to play tricks with you. >> and easier to dodge bullets when you're blind. >> yeah. and i didn't see my hand in front of my face. >> did you have on sunglasses? >> no. i don't like wearing sunglasses. that's the thing. now i have to wear sunglasses all the time. >> small price to pay. >> amazing thing about anderson. he does not know as much as music in the segment we just had as we might have imagined he would know. >> really nothing about music. >> we think of you about the king of pop culture as well. >> i know. >> as well as a war correspondent. >> sorry to let you down. music, i didn't grow up listening to music. >> what do you do when you work out? >> rihanna and up tempo dance music and stuff. honestly, my assistant puts it on my ipod. i don't know how to do that. >> i do down load my own music and recently playing, who did this? i did it
in every new car. by september of 2014. jeff flock is in chicago with more. reporter: actually, we are rolling down the highway of chicago right now. looking for action as we take a live look outside the vehicles. this is an example of the obama administration on being able to get something passed through congress. they are going to spur congress and try to require the black boxes in every new vehicle. before you get set, there are multiple sides to the story. the insurance companies and the automakers -- the transportation department and the safety folks as well as law enforcement, they all like this idea. because believe it or not, when we get into auto crashes, we somehow misreport often what happened. we said we weren't going as fast as we were. we may say that we had her foot on the break when in fact we didn't. a lot of these groups think this is a good idea. of course, privacy advocates do not like it. they are concerned about what the government might do with the data, perhaps using it to track movement. that is not what these data recorders do right now. multiple sides to
likely not presently have in the united states senate pat toomey, rand paul, mike lee, marco rubio, jeff flake, ron johnson, ted cruz. we would not have a republican establishment that worries that conservatives might actually primary them. demint also had backed candidates who went on to lose their general elections. richard mourdock in indiana, christine o'donnell in delaware, ken buck out in colorado. bob, i'm going to back to this again. when the chief ramrod of the right wing senate candidates leaves the post, who would replace him? how is this good news for the right? >> look, i'm not saying whether it's good news or bad news, i'm telling you what i think his calculation is. his calculation is he can be more of a free agent. i think he will get very involved in primaries, he will push hard right issues. i wish him well because the candidates he succeeded in nominating have quite often lost winnable seats. the notion, for example, that ted cruz -- the republicans were going to win that seat and it was going to be a conservative republican, but there are at least five senate seats an
fiscal cliff with jeff blake from arizona. try running four.ning a restaurant is hard, fortunately we've got ink. it gives us 5x the rewards on our internet, phone charges and cable, plus at office supply stores. rewards we put right back into our business. this is the only thing we've ever wanted to do and ink helps us do it. make your mark with ink from chase. >>> welcome back to the "squawk on the street." i'm sharon epperson with the latest report from the energy department on oil supplies. could oil supplies in the past week, they rose by 843,000 barrels, 843,000 barrels, that was an increase where many analysts had been anticipating a decline. but it was not as big a build as what the american petroleum institute reported last evening. the gasoline supply numbers, definitely one that surprised many traders. an increase of 5 million barrels in the past week. gasoline supplies rose by 5 million barrels in the past week. and supplies rose by 3 million barrels in the past week. we are looking at prices coming off of their highs of the session. a big build across the board. that is l
is the author of the bill, republican congressman from south carolina jeff duncan. congressman, well come to the show. >> melissa, thanks for having me. absolutely. thanks for having me. melissa: tell me what the legislation does. >> first off we have to get serious about the fact that iranians and their proxy, hezbollah primarily are in this hemisphere. this legislation will require the department of state to come up with counter strategy working with our neighbors here in hemisphere to protect american interests, posture properly and create policies to counter that threat. we all know the iranians had an assassination attempt that was supposed to happen in this country against the saudi ambassador. that was thwarted by the government. they were using mexican drug cartels coming through our porous border. iranians are here. we've got to get serious about that. >> is that the main concern, is that they're going to cross the border through mexico? or what are the specific concerns that we think that they're down there doing? >> well, we've got interests all over this hem miss fire. working
of united states taxpayers' money dropped on the senate next thursd thursday. >> alisyn: he wants to -- jeff sessions is saying the real fiscal cliff deadline should be when the lawmakers return from break, thursday. if the deal is not proposed by then, there won't be enough time to review and ratify it. we can't afford to vote on a deal without thoroughly reading it first. well, is a serial killer on the loose this morning in michigan? there are new concerns being raised because police just made another gruesome discovery in a drain pipe. this is the second time in four months that they've found human remains there. police have now sent the remains to a lab in texas. and the investigators want today determine if the retains matched body parts which belonged to an unidentified female. one of the president's biggest backers on capitol hill, the progress of election day on immigration reform, in a new interview, democratic illinois congressman gutierrez says, quote, it's great that eva longoria is it out there meeting with the president, but maybe meeting some of the immigrant community to pol
santelli always clean shaven is joining us next working on something for a little later on. >> we have jeff carter. we're going to talk about the fiscal cliff but from a much more cynical perspective. he believes that the cbo's call, if we go over the cliff in recession, well, he doesn't believe him. he says there is a keynesian base. what does it mean? he too cynical? i don't know. tune in in about 11 minutes to find out. >>> financials and the fiscal cliff plus the looming february stress tests is the big bank runup of this year finally coming to a close? brad hintz is an equity research analyst and joins us from new york. good to see. good morning. >> thanks for having me. >> new year is going to be fascinating to watch. dodd frank implementation. let's just talk about the rules first. investors know these are coming and why are the stocks trading up in light of what we know is going to be a different kind of year? >> well, one reason that you've seen the runup is a lot of the uncertainty seems to be to be working away. the banks are making the changes to live in this post basal 3 dodd/f
a couple of blowups lately. that's why i'm not endorsing that thing head on. wednesday jeff from virginia asked me about hillenbrand. i said i would get back to him. they're in a morbid line of business. they're the largest producer of burial caskets in america. stock's had a big move in the last two weeks, reporting a strong quarter and making an acquisition of caperion. they make compounding and bulk material handling equipment. i like where they're headed. i like the 3.6% yield. after this run let's wait for a pug back inspired by the fiscal cliff woes you know we have that more of those in the future. before you think about buying this one, just straight out this one does look like a winner. i'm endorsing hillenbrand. the company has been mentioned as a candidate to give you a special dividend before year end to beat those higher dividend rates that i now think sadly are definitely in the cards. now it's time for some tweets. let's take our first tweet. this one is from @w3kn. he says, i think he's a he, he says "congrats to regina. are you guys playing nice while the e.p. is gone?" t
as an offensive cord nay tore at the university of arizona. dikes replaces jeff ted ford who was let go at the end of the bears dismal season where they only won three games. >> the set up is underway for what's expected to be a packed town hall meeting here in oakland the topic tonight crime and violence. >>> back here in just a few minutes there are still a few sprinkles out there right now. we had some major rain this morning in parts of the bay area. i'll talk about that. and as we move forward our concerns for valley fog in the morning hour flt i'll have the de tails. you got this, right? i do got this. let us get everything off the shelf, and to your home. i wish i had u-verse when i was your age. in my day, we didn't have these fancy wireless receivers. blah blah blah. if i had a sleepover, i couldn't just move the tv into the playroom. no. we had to watch movies in the den because that's where the tv outlet was. and if dad was snoring on the couch, we muscled through it. is she for real? your generation has it made. [ male announcer ] the wireless receiver only from at&t u-verse. get u-ver
former treasury secretary altman and jeff greenfield. bill? >> stocks are trading off the highs of the day with less than an hour to go. final hour, really from the get-go. optimism about the cliff talks and senator harry reid made some comments this afternoon that put a damper on that real. we've lost about 30 points. in that time. up 74 on the dow at 13,244. the nasdaq is doing well today, up 32 points. more than a 1% gain, although it is off its highs of the day at 3019, and the s&p 500 index is 8 plus points at 1426. the word on the street is because of the fiscal cliff, some investors are actually selling the winners, the winning stocks, and they are holding on to the poor performers, the opposite what have they have been doing the last few years. maria? >> makes a lot of sense given the fact that tax les go higher on capital gains. you want to get out of some of those names. let's find out how you should be investing 20 days away from the deadline. in today's "closing bell" exchange, carol roth with us, rich peterson from is & p, jonathan corpina from meridian equity partn
'm fading big time nokia. >> that's what makes a market, but that was pretty funny, jeff. thanks so much. merry christmas to you. scott, over to you. >> talk a little numbers and a street fight breaks out. go figure. let's get to mary thompson back with breaking news at hq. mar? >> morgan stanley wealth management is dropping john paulson's advantage and advantage plus funds from its retail broke rang menu. of course, paulson is the hedge fund manager who made a killing during the housing crisis. now in an e-mail sent to morgan stanley's financial advisers yesterday they changed the status of the funds from watch to redeem saying its client should pull the money from these funds. the company citing the fund's weak performance. two umbrella funds for paulissen basically employing a number of his strategies, and they have had a hard part investing in gold where he's not done so well. the advantage fund was down 5% in november, advantage plus down 5.6%. back to you. >> mary, thanks so much. mary thompson for us with the breaking news. face it, we're all getting a little older, but if you ac
what you do? >> yeah. on days like this, yeah, i do. >> thanks, jeff. hey, get my friend a beer as well. one of those fancy imported ones. >> sure. maybe like a granola bar to go with it. >> you know what it takes, steve? >> huh? >> do you have what it takes? >> oh, to be you? yeah. absolutely. >> huh? >> you just might. >> and i will drink to that. >> hey, there she is. ready to go? >> yeah. all right. hey, thanks for the beer, that was really sweet. >> i hope you guys have a great night. thanks, jessica. >> i am really looking forward to tomorrow. >> should be fun. >> yeah. >> rose: if he says this movie is about a modern day american identity, what do you say it is about? >> i always think of it as a kind of movie that i was used to seeing in the sixties where it is sort of a story about corporate shenanigans or corporate manipulation. >> rose: does it remind you of any of those movies? >> one is mirage, with gregory peck, i remember that one. >> rose: yeah. >> which the story occurred during the blackout of 65 or 64. which is a great movie. where the corporate heads are afraid that
enough to do this. only jeff lacker from richmond fed gave incentive this time around. there is a bit of confusion as i head this statement. there's two different things going on. one is asset purchases. other is funds rate target. there are two different litness tests for now long they go on. federal reserve says it'll keep going if the labor market doesn't show signs of improvement. we have to ask bernanke how well this works together adds a whole, to really explain what is going on here. >> what is the implication steve, of that economic trigger on the fed's funds rate. for investors holding fixed income assets. as you move down towards the 6.5% magic point. what happens in the markets? >> well, i mean, you a sense e sensitively, the market will anticipate either an ending of of the program as we near it or even potential asset sales if we do get a rise in inflation towards 2.5%. i would like to point out, tyler, that 6.5% average number is exactly the number that was given to us by our -- in our cnbc survey yesterday. they hadn't talked about it at 7% but 48 respondent's came in
and ultimately revealed to the public. these employees from jeff north have been off work more than two years and the time has come to put the situation behind us and put focus on quality products. the president back in detroit today with scheduled visit to the daimler detroit diesel plant in redford, michigan, a different one. martha: good old-fashioned investigative reporting on this one. caught on camera moments you have to see to believe. my favor when they chuck the bottle in the woods when done drinking with it. >> reporter: you really do. as attorney, understanding the arbitration process it is hard to understand how when you see what they did, they got their jobs back. take a look at this. this is the chrysler plant parking lot where workers are on break. they were videoed several day's by fox's own rob walchek, the detroit affiliate. as a result of what he found he brought it to chrysler's attention. 13 employees fired following chrysler's investigation. two suspended 30 days. all of them back at work. check this out. roll the tape. >> hey, guys, hate to be a buzz kill, shouldn't you
a $5 delivery charge? that is what ebay is testing in san francisco right now. jeff abraham, director of local ebay marketplaces. you have done a lot in your short life can be done well with this technology and the company sold to ebay for a few million dollars but now you're pushing this delivery model. why do you think you can go up against the amazon and wal-mart of the world with this new model? >> i think there are a couple of really interesting things to think about with this model. consumers value the ease of use, convenience, time is a really big factor. people are busy these days. haven't bought all these gifts for family and friends, ebay is the perfect twill. you can have it delivered in typically under an hour, which is pretty incredible. we think it is a compelling proposition. cheryl: there has been some missteps in that communication and a $5 charge. i have to wonder how can ebay make money on this? is this some type of deal with the retailers will cut to make a profit here? >> right now it is really a focus on user experience and engagement. we want to make it posssble
, jeff bingaman, of new mexico, someone who's always brought intellectual rigor, a lawyer's insistence on thoroughness and a real commitment to people. it's been an honor and a pleasure to work with him on the help committee, especially on the affordable care act. i was proud to support him all that he did, particularly in developing and focusing on the health work force for the future. i knew i could count on jeff in the committee and on the floor as one of those men that i refer to as the ga gallahads, where mn of quality always support we women as we sought equality. our initiatives to end discrimination against women in the health care and in the workplace were some of our proudest achievements in working together. i also would like to comment about jon kyl. i've worked across the aisle from jon kyl and i've been seated across the table from him at everything from bible study group to the senate intelligence committee. we studied the words of the bible together to make ourselves better and we worked in our committees to make the world better. we lived through september 11th and the
investigative correspondent jeff rossum is here with that story. >> we've heard a lot about adam lanza and we've heard a lot about his mother, but now we have new information about his relationship with his father, peter. a source close to the family tells nbc news adam had cut off communication with his dad, even refusing to see him. in the chaotic hours after adam lanza's rampage, a local reporter showed up at his father's doorstep to break the news. >> his face went from patient to surprise to horror. it was pretty clear to me that he was surprised that somebody he loved was involved with what was happening up in newtown. >> reporter: peter lanza is a successful finance executive at ge, part owner of nbc universal. a source close to the family says in 2001, he separated from adam's mother, nancy, but he still saw adam every week. in 2009, the lanzas officially divorced. adam was 17. >> they were the type of parents, even when they were married as well as being separated, if the kids had a need, they would definitely fill it. >> reporter: but the source says by 2010, peter lanza was dating
of the gw university school of business' department of finance. and jeff from portland, maine is our next caller. caller: about these predatory loans that these people and the banks did and then they turn around and bet on them to go bad, it's ridiculous. and to solve it they ought to all go to prison instead of trying to fix it they all fight about it. >> well, people who commit crimes probably should go to prison. my impression of what's happened is that by and large it's been lawsuits and money that has been the punishment and it's been very hard as it sometimes is to find an actual criminal afpblgt there probably were some. i don't think that's the essence of the problem. you can make bad loans without committing a crime and you can have bubbles without commiting a crime. but that's certainly a part of the puzzle. host: in your opinion, is the mornl debt relief act needed as much now as it was back in 2007? >> it's still needed because there's still a lot of foreclosures. one of the things this does is streamline the foreclosure process. what was happening in 2007, 2008, and 2009 espe
on the basic structure of the income tax for that year. >> host: we'll go to jeff in tampa, florida, independent caller. >> caller: good morning, how you doing? >> host: good morning, sir. >> caller: yes, i have a question for mr. buckley, and this is more -- it may be a little generic, but something that a couple of my friends and i have talked about and just trying a basic understanding of. instead of having an income tax, has there ever been any discussion about having a national or a federal sales tax to help offset so this way everyone from the rich to the poor, everyone pays the same amount? i mean, i'm not sure the exact amount that you would have to pay, i'm not an economists, but it's just something we've always thought about, and i was just curious what mr. buckley thought. >> guest: well, there were proposals in the middle '90 from then-republican ways and means committee chairman bill archer to totally repeal the income tax and replace it with a national sales tax. they never went anywhere for a variety of reasons, the first is the rate of the tax would have to be extrao
to give this president that kind of power. host: jeff, good morning. caller: good morning. with republicans being cornered as far as the blame, why don't the republicans just vote and pass bills and sent it to the senate and put it in the hands of democrats and let's see what comes down the road. if it crashes, it crashes. it away, the democrats need to take responsibility. guest: we have to do what is necessary to correct the deficiencies of our operating national business. when you say the republicans should take a position and do what is right, the american people are in the dark of how negotiations work. if you are serious about negotiations and about solving the fiscal cliff -- it is a fiscal slide because you keep sliding. i have learned that if you want to negotiate and come to compromises and conclusions, you do that without cameras and you do that behind closed doors. once the negotiations are exposed, people react differently and they are compromise. we need to get away from the cameras. the president and john boehner, get away from their staffs and do a give-and
. royce: i thank the gentlelady for yielding. i'd just like to begin by thanking jeff duncan and his staff as well for their good work on this legislation. but i would remind the members in terms of iranian activity in this hemisphere, we think what first comes to mind is the attack in the 1990's in argentina, but more recently hezbollah has penetrated our borders and one example i would give to you is a man trained by iranian intelligence. he paid a bribe in order to get to mexico from beirut. once in mexico he paid a second bribe, this time to a cartel group in order to have himself inserted in a special compartment in the back of a car. the reason is he important is because it was his brother who was in charge for security in israel and during the hezbollah war, and i was there at the time, i saw those missiles that were ordered launched by hezbollah into a town that was under attack. there were some 600 casualties in that hospital trarp a direct result of those iranian and syrian missiles that were being fired on the hospital. frankly it was one of the targets. but fired on that town,
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